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  1. L

    On the hunt again

    If you check cbd sydney cbd strata you will find it is cheaper than whole buildings
  2. L

    On the hunt again

    I don't think the block of flats example works in retail. The bank are going to want it valued in one line as opposed to indivivual gross realisations as suggested. The worser situation is being able to sell some but not the whole project and be faced with a fractured owners corporation each...
  3. L

    On the hunt again

    Am sure you'll be able to wade through the legal guff and do the strata then should you decide to. Out of interest does the trading hours expenses relate to the supermarket opening up out of normal hours and thefore they need to reimburse you for the cost of it?
  4. L

    On the hunt again

    Great post Dazz thanks for sharing. I have a couple of comments on the strata idea and recognise they provide good cashflow from sales but a few downsides are: you are now tied in with other owners as to the success of the centre who may not share your vision; you loose control of the...
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